Inari Amertron (Malaysia) Market Value
| 0166 Stock | 3.08 0.03 0.98% |
| Symbol | Inari |
Inari Amertron 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Inari Amertron's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Inari Amertron.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Inari Amertron on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Inari Amertron Bhd or generate 0.0% return on investment in Inari Amertron over 30 days. Inari Amertron is related to or competes with ViTrox Bhd, MI Technovation, and Globetronics Tech. More
Inari Amertron Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Inari Amertron's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Inari Amertron Bhd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.13 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 11.84 | |||
| Value At Risk | (3.17) | |||
| Potential Upside | 3.48 |
Inari Amertron Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inari Amertron's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inari Amertron's standard deviation. In reality, there are many statistical measures that can use Inari Amertron historical prices to predict the future Inari Amertron's volatility.| Risk Adjusted Performance | 0.0079 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.06) |
Inari Amertron Bhd Backtested Returns
As of now, Inari Stock is relatively risky. Inari Amertron Bhd holds Efficiency (Sharpe) Ratio of 0.0573, which attests that the entity had a 0.0573% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Inari Amertron Bhd, which you can use to evaluate the volatility of the firm. Please check out Inari Amertron's Risk Adjusted Performance of 0.0079, market risk adjusted performance of (0.05), and Downside Deviation of 2.13 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. Inari Amertron has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Inari Amertron's returns are expected to increase less than the market. However, during the bear market, the loss of holding Inari Amertron is expected to be smaller as well. Inari Amertron Bhd right now retains a risk of 2.17%. Please check out Inari Amertron market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Inari Amertron will be following its current trending patterns.
Auto-correlation | -0.61 |
Very good reverse predictability
Inari Amertron Bhd has very good reverse predictability. Overlapping area represents the amount of predictability between Inari Amertron time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Inari Amertron Bhd price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Inari Amertron price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Inari Amertron Bhd lagged returns against current returns
Autocorrelation, which is Inari Amertron stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Inari Amertron's stock expected returns. We can calculate the autocorrelation of Inari Amertron returns to help us make a trade decision. For example, suppose you find that Inari Amertron has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Inari Amertron regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Inari Amertron stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inari Amertron stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inari Amertron stock over time.
Current vs Lagged Prices |
| Timeline |
Inari Amertron Lagged Returns
When evaluating Inari Amertron's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inari Amertron stock have on its future price. Inari Amertron autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Inari Amertron autocorrelation shows the relationship between Inari Amertron stock current value and its past values and can show if there is a momentum factor associated with investing in Inari Amertron Bhd.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Inari Stock
Inari Amertron financial ratios help investors to determine whether Inari Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Inari with respect to the benefits of owning Inari Amertron security.